Citi launch massive 400,000 bonus point offer

Tom Watson   |   23 Aug 2018

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In news that will delight credit card points lovers, Citi have made a number of changes to their suite of credit cards, including the introduction of a number of substantial bonus points offers which could earn cardholders up to 400,000 Citi Points.

Implemented today, the new bonus points offers apply to the Citi Platinum, Citi Signature and Citi Prestige credit cards, with applicants having until March 31, 2019 to take advantage of the deals.  

Cardholders will be able to earn up to 200,000 bonus points (10,000 a month) on the Citi Platinum, 300,000 (15,000 a month) on the Citi Signature and 400,000 (20,000 a month) on the Citi Prestige credit cards by meeting a minimum spending requirement of $1,000 each statement period for 20 months.

That’s on top of the standard points earning rates on the respective cards, meaning cardholders could earn even more!

The changes could prove alluring to shoppers and jetsetters alike, with a Mozo number crunch revealing that 200,000 Citi Points would currently convert into $950 worth of Myer gift cards* or 10 flights from Sydney to Melbourne.**

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Furthermore, Citi announced the launch of the Linked Diners Club Card (LDCC) which gives eligible new and existing cardholders the chance to earn up to 2 points for every dollar spent on top of no international transaction fees.

Citi also made a number of changes to its clear Clear Platinum credit card today, with Australians looking to ditch their debt able to take advantage of a 0% balance transfer offer for 14 months as well as a $0 annual fee for the first year ($99 after) if they sign up before October 10, 2018.

Want to find out more? Check out the details on Citi’s new offers below.

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Citi Platinum
  • Up to 200,000 bonus points (conditions apply)

  • $49 annual fee for first year ($149 after)

  • 20.99% purchase rate

Citi are offering a seriously enticing deal for points lovers on the Citi Platinum credit card, with up to 200,000 bonus points on offer to cardholders who meet the minimum $1,000 spend on their card each statement period for 20 months. That’s on top of the 1 Citi Point for every dollar spent (capped at $10,000 a month) earn rate you’ll already get with the card! Did we mention there’s a 0% balance transfer offer for 12 months plus a discounted $49 annual fee for the first year ($149 afterwards) as well? Talk about generous.

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Citi Signature
  • Up to 300,000 bonus points offer (monthly spend applies)

  • First year annual fee of $195 ($395 afterwards)

  • Complimentary travel insurance

With up to 15,000 Citi Points a month (300,000 all up) up for grabs when you meet the minimum $1,000 per statement period spend requirement for 20 months, you’ll be able to rake in the points in no time with Citi Signature credit card. And cardholders will be able to boost their points haul even more with an uncapped earn rate of 1 point for every dollar they spend domestically, as well as 2 points for every dollar spent internationally. Add a range of complimentary insurances and a discounted annual fee of $195 in the first year ($395 after) and this might just be a deal worth looking at.

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Citi Prestige
  • Up to 400,000 bonus points (spending requirements apply)

  • 3 points per $1 earn rate for international spending

  • Range of complimentary insurances

When it comes to points earning potential it’s hard to beat the Citi Prestige credit card and the mammoth 400,000 bonus point offer (20,000 a month) cardholders who meet the minimum $1,000 minimum spending requirement each statement period over 20 months can grab. Points lovers will rejoice even further with the card’s 1 point per $1 spent earn rate for regular spending and 3 points for every dollar spent internationally. The Prestige card does come with a $700 annual fee, so make sure you weigh up all the benefits first. 

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Citi Clear Platinum
  • 0% balance transfer offer for 14 months

  • $0 annual fee for first year ($99 after)

  • 12.99% purchase rate

With it’s 12.99% purchase rate and $0 annual fee for the first year ($99 in following years) the Citi Clear Platinum is certainly up there when it comes to great value platinum credit cards. Aside from complimentary features including extended warranty and purchase protection insurance, cardholders with existing credit card debt will also be able to take advantage of the 0% balance transfer deal for 14 months - with no balance transfer fee to boot!

Want to compare even more great platinum credit card offers? From bumper bonus points to exclusive privileges, get started by heading over to Mozo’s platinum credit card comparison tables today.

*Calculations assume a $100 Myer gift card is worth 20,900 Citi Rewards points and a $50 Myer gift card worth 10,500 Citi Rewards. Therefore 200,000 Citi Rewards points could be exchanged for nine $100 and one $50 Myer gift cards.  

**10 flights from Sydney to Melbourne assumes a 1 Citi Rewards point to 0.4 Velocity Points conversion rate, with 7,800 Velocity Points needed for an economy flight from Sydney to Melbourne. This is based on Mozo’s regular Reward Card Flight Surveys.

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